US May Sanction IOCs in Nigeria, Others for Hydrocarbon Production OPEC mulls oil quota hike as supply tightens Emmanuel Addeh in Abuja As the world moves to tackle climate change, the International Oil Companies (IOCs), which insist on ramping up production of
fossil fuels in Africa may face the risk of regulatory action from the United States, the country’s Deputy Special Presidential Envoy for Climate, Jonathan Pershing, has said. If the US makes good its
threat, it will be a major blow to Nigeria, Angola, Congo and other oil-producing countries in Africa, which have intensified efforts to attract foreign investors to fund major hydrocarbons
projects on the continent. This is coming as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, are considering going beyond the existing deal to boost
production by 400,000 barrels per day (bpd) when it meets tomorrow (Monday). In August, President Muhammadu Buhari finally signed the Petroleum Industry Act (PIA) to spur competition
in the sector as well as attract foreign investments. But with the position of the US, many of the expected funding for Nigeria’s fossil Continued on page 5
Open Grazing Ban: More Northern States Seek Funding to Build Ranches... Page 8 Sunday 3 October, 2021 Vol 26. No 9673
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Terrorists, Bandits Have Formed Alliance, Niger Gov Cries out Onuminya Innocent in Sokoto and Laleye Dipo in Minna
L-R: Celebrant's niece, Ms. Chibuzor Etebefia; Daughter, Eka Obaigbena; Head of Michael Ibru Dynasty, Olorogun Oskar Ibru; Celebrant, Madam Efe Egbarin-Davis; Daughter, Ms. Kenim Obaigbena; Sibling, Mr. Elvis Egbarin; Ms. Seyi Egbarin, and Daughter, Ms. Efe Obaigbena, during the 60th birthday celebration of Madam Egbarin-Davis in Lagos…Friday ABIODUN AJALA
Niger State Governor, Alhaji Abubakar Sani Bello, has raised the alarm that Continued on page 5
Mark, Shema, Lamido Emerge Front-runners in Race for PDP Chair
Atiku, Saraki's loyalists move to get Secondus reinstated at Appeal Court NEC meets Thursday to consider zoning report Ejiofor Alike in Lagos and Chuks Okocha in Abuja Following the zoning of the position of the National Chairman of the Peoples Democratic Party (PDP) to the North by the National Convention Zoning Committee (NCZC) of the party led by Governor Ifeanyi Ugwuanyi of Enugu State, northern elders in the main opposition party have commenced search for a suitable candidate to fill the position, THISDAY has learnt. THISDAY gathered that in their latest permutation, the northern elders have zeroed in
on a former President of the Senate, Senator David Mark; a former Governor of Katsina State, Alhaji Ibrahim Shema, and a former Governor of Jigawa State, Mr. Sule Lamido for the position of the party’s national chairman. The intrigues have however deepened as the loyalists of former Vice President Atiku Abubakar and a former Senate President, Dr. Bukola Saraki have intensified moves to use the Appeal Court to return the embattled National Chairman of the party, Prince Uche Continued on page 6
SIGNED AND SEALED… L-R: Globacom Chairman, Mr. Mike Adenuga Jnr; French President, Mr. Emmanuel Macron, and Chief Executive Officer, Eutelsat, Mr. Rodolphe Belmer, during the signing of satellite deployment agreement between Globacom and Eutelsat of France, at the Elysee Palace, Paris…recently